House Votes to End ‘Car Czar,’ ‘Pay Czar’ Posts

Republicans in the House of Representatives voted Thursday to eliminate the Obama administration’s “car czar,” as well as the “pay czar” who oversees compensation at companies bailed out with TARP money, and seven other preside…

Rising Chinese Property Prices Carry Hang Seng Higher

Chinese policy makers are scratching their heads after a raft of measures meant to cool the country’s red-hot real estate market seem to have done little to accomplish their aim. Rising property shares sent Hong Kong’s Hang Sen…

Public Opinion of Unions Remains Near Quarter-Century Low

U.S. public opinion of labor unions rose slightly in the past year, though remains far below 2007 levels, as Americans continue to question organized labors’ effect on U.S. productivity, according to a Pew Research report relea…

Hocus + Pocus = The 2012 Federal Budget Plan

Like all budgets, the federal government’s spending plan is all about revenues and expenditures. Unfortunately, Uncle Sam is very good at grossly overestimating tax receipts and grossly underestimating spending. It’s enough to …